EAFDSimplify Developed Ex-US PLUS Downside Convexity ETF
EAFD Fund Description
EAFD is an actively managed fund-of-funds that provides exposure to all-cap stocks from developed markets outside of North America while applying a downside options overlay strategy.
EAFD Factset Analytics Insight
EAFD is actively managed and seeks capital appreciation by primarily investing in ETFs of stocks of any size from developed markets, excluding North America. The fund selects investments based on factors such as price, liquidity, and track record. While it does not frequently trade equities, it aims to maintain its exposure while applying a downside convexity option overlay strategy, designed to hedge against market movements and add convexity to the fund. EAFD purchases exchange-traded and over-the-counter put options on a developed ex-US index or similar index ETF of up to 20%, in which selection is based on the Fund Adviser’s evaluation of relative value, strike price, and maturity. It is worth noting that the fund’s convexity reflects a non-linear relationship between its returns and that of the market. Moreover, while this strategy is intended to protect the fund from losses, it is not absolutely guaranteed. The fund defines developed ex-US to exclude Canada as well.
EAFD Summary Data
EAFD Portfolio Data
EAFD Index Data
EAFD Portfolio Management
EAFD Tax Exposures
EAFD Fund Structure
EAFD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EAFD. EAFD is rated a N/A out of 5.
EAFD Performance Statistics
EAFD Benchmark Comparison Summary
EAFD Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.